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Macquarie Asset Management closes $3bn green energy fund | Finance

Global asset manager Macquarie Asset Management (MAM) has closed a $3bn green energy transition fund which targets renewable fuels and carbon capture among other novel sectors. It marks Macquarie’s first dedicated energy transition fund targeting opportunities beyond mature renewables. The fund’s portfolio spans geographies and technologies and includes sustainable aviation fuel business SkyNRG and Calibrant Energy, which provides distributed energy solutions for industrial firms in North America. Chris Archer, Executive Director, MAM Green Investments, said the significant investment requirements of the global energy transition present an opportunity to build tomorrow’s infrastructure. … to continue reading this article and more, please login, register for free, or consider subscribing to gasworld You’ve reached your weekly limit to access free articles! Want to keep reading? Please register for free and create a profile to gain access to this… Read More »Macquarie Asset Management closes $3bn green energy fund | Finance

Elcogen opens solid oxide fuel cell factory in Estonia | Hydrogen

European technology firm Elcogen has opened a 14,000 sq m solid oxide fuel cell facility in Tallinn, Estonia. The ELCO I site delivers a significant jump in production capacity – from 10MW to 360MW – and its cells, stacks and modules can be integrated into third-party systems for a wide range of applications including distributed energy, off-grid and stationary power, industrial backup, green hydrogen production, and power-to-X solutions. “This new facility is built for scale, speed, and global impact,” said Enn Õunpuu, CEO of Elcogen. “As demand for reliable solid oxide-based clean energy … accelerates worldwide, Elcogen is now … positioned to deliver the high-performance technology the market needs, at commercial volumes.” The €50m operation is powered by a 9MW energy supply from the nearby Iru Waste-to-Energy Plant and incorporates sustainability measures such as process heat reuse and… Read More »Elcogen opens solid oxide fuel cell factory in Estonia | Hydrogen